Investors Brace for Market Volatility Ahead of U.S. Presidential Election in Less Than a Month

As the U.S. presidential election approaches, market analysts are expressing concerns about the potential for an unclear or contested election result. With less than a month until the election, investors are bracing for volatility that could disrupt the current stock market rally. The tight race has led to a cautious atmosphere on Wall Street, where many investors, referred to as the 'smart money,' are hesitant to make significant bets. This uncertainty is reflected in the broader market sentiment, as risks associated with a potentially contested election are now on the radar of investors. The upcoming election is being characterized as one of the most consequential in U.S. history, yet the mood among European CEOs with substantial U.S. business interests remains relatively subdued.